Aware, Inc. (NASDAQ:AWRE) Short Interest Down 21.3% in March

Aware, Inc. (NASDAQ:AWRE) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 29,421 shares, a drop of 21.3% from the March 15th total of 37,367 shares. Based on an average daily volume of 79,413 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On Aware

A number of institutional investors and hedge funds have recently bought and sold shares of AWRE. Goldman Sachs Group Inc. increased its position in Aware by 71.6% during the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock worth $55,000 after acquiring an additional 14,436 shares during the period. Vanguard Group Inc. increased its position in Aware by 1.6% during the third quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock worth $2,026,000 after acquiring an additional 13,070 shares during the period. Pekin Hardy Strauss Inc. bought a new stake in Aware in the 3rd quarter valued at $42,000. CIBC Bancorp USA Inc. bought a new stake in Aware in the 3rd quarter valued at $193,000. Finally, CIBC Private Wealth Group LLC increased its holdings in Aware by 14.3% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock valued at $193,000 after buying an additional 10,000 shares during the period. Institutional investors own 24.39% of the company’s stock.

Aware Price Performance

AWRE stock traded down $0.02 on Thursday, reaching $1.23. 5,964 shares of the company were exchanged, compared to its average volume of 36,110. Aware has a 12 month low of $1.10 and a 12 month high of $2.95. The stock’s fifty day moving average price is $1.47 and its 200 day moving average price is $1.92. The firm has a market capitalization of $26.57 million, a PE ratio of -4.39 and a beta of 0.99.

Aware (NASDAQ:AWRE) last announced its earnings results on Wednesday, March 4th. The software maker reported ($0.07) earnings per share (EPS) for the quarter. Aware had a negative return on equity of 21.19% and a negative net margin of 33.97%.The company had revenue of $4.66 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Aware in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Aware Company Profile

Aware, Inc is a technology company specializing in biometric software and image processing solutions. Its core offerings include fingerprint, face and iris recognition algorithms, biometric template management, and mobile enrolment tools designed to capture and verify identities in secure environments. The company’s software development kits (SDKs) and web services APIs enable system integrators, device manufacturers and application developers to embed biometric and forensic capabilities into their products and services.

Founded in 1986 and headquartered in Bedford, Massachusetts, Aware evolved from an imaging technology provider into a leading vendor of biometric software.